Tesla’s cheapest vehicle is losing half its tax credit next year
Tesla’s lowest-priced vehicle, the rear-wheel drive Model 3, won’t be eligible for the full $7,500 federal tax credit as of next year. Tesla started warning buyers (and window shoppers) on Monday that the Inflation Reduction Act credit for its cheapest Model 3, as well as the long range variant, will
Read MoreTwilio lays off another 5% of employees following activist pressure
Just a few hours after Spotify announced a large round of layoffs, Twilio is also announcing hundreds of job cuts. Around 5% of the company’s workforce will be impacted. Today’s news proves that we’re not done with tech layoffs. And this isn’t even Twilio’s first round of layoffs as the
Read MoreThreads downloads return to growth as X adds Walmart to its advertiser exodus
Recent efforts by Meta to grow Threads’ install base have been working. According to a new analysis of app store trends, Instagram Threads is now outpacing X, formerly Twitter, at least in terms of new downloads. App intelligence firm Apptopia indicates that, although Threads’ daily downloads had been declining since
Read MoreUsing Technology and Data to Improve Healthcare in South Africa
Imagine the potential to pinpoint and react to a cholera outbreak with real-time medical information or be able to receive immediate alerts to a measles outbreak in a certain community. The potential of technology and data to improve healthcare in South Africa is vast and transformative. Despite the existing challenges
Read MoreArmata Cyber Security Debuts Security Operations Centre
Armata Cyber Security launched its Security Operations Centre (SOC) on November 7, 2023, providing agile threat protection to organizations. The SOC expands security offerings for SMBs, mid-market entities, and larger enterprises. Customers joining Armata SOC receive enhanced threat protection through Microsoft Sentinel’s advanced security technologies. “Our SOC, led by skilled
Read MoreEducate Yourself: 6 AI Threats To Know About!!
By the end of this year, the artificial intelligence (AI) market in South Africa is projected to reach $2.4 billion, with an annual growth rate of 21% expected between now and 2030. Despite the potential for AI to mitigate security risks and enhance decision-making, Anna Collard, SVP of Content Strategy
Read MoreStrava gets in-app messaging to help you bypass WhatsApp
Strava is taking one big step closer to becoming a true social network, as the fitness-tracking platform introduces in-app messaging to let users send private one-to-one and group messages. The new messaging feature, which is available to both free and premium subscribers, goes some way toward unifying everything in a single
Read MoreArmorCode raises $40M to consolidate security data in one place
ArmorCode, a cybersecurity platform that gathers vulnerability data from connected apps and software infrastructure, consolidating the data into a single location and standardizing it for analysis, has raised $40 million in a Series B round led by HighlandX with participation from NGP Capital, Ballistic Ventures, Sierra Ventures and Cervin. Bringing
Read MoreElevating Virtual Agents with Cutting-Edge Generative AI Technology
Cape Town-based conversational automation specialist, CLEVVA, has recently enhanced its virtual agents with Generative AI (Gen AI) technology. This upgrade enables virtual agents to engage in targeted sales, support, and service conversations that feel human while effectively accomplishing tasks. CLEVVA’s co-CEO, Ryan Falkenberg, emphasizes the distinction between virtual agents and
Read MoreSBC AFRITECH LAUNCHES INVESTMENT SYNDICATE
Startupbootcamp AfriTech is launching the OnAfrica Investment Syndicate, an innovative initiative led by Henry Ojuor, connecting startups to mentors providing operational help and capital. The syndicate aims to support promising African startups with check sizes ranging from $100,000 to $400,000, fostering holistic growth through mentorship and operational excellence. “In a
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